NOT LISTED FOR SALE

1298 Hidden Hollow Rd New Albany, IN 47150

Estimated Value: $123,000 - $245,888

2 Beds
1 Bath
1,300 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $117,971 $91 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,141/month

15 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Wood Burning Fireplace
  • Floyds Knobs Elementary School Rated A
  • Enclosed patio or porch
  • Heating Available

About This Home

As of September 2024

Investors!! Time to sell this property to everyone including investors, flippers, landlords, etc. Once in a lifetime property right here! Zillow value as of 7/26/24 was ($204,200). Tax Assessment was ($184,800) and actual appraised value as of March 2024 was ($165,000). Now it has been cleaned up and is on absolute super sale at only ($134.799). Yes, that's over 69K less than Zillow, over 50K less than past tax assessment and over 30K less than March 2024 appraisal. This is a potential great deal for Flippers, Landlords or Owner Occupiers who are not afraid of work. This potentially very nice Berm property sits on an absolutely beautiful quiet, private lot and has about 1,300 sq ft of living space, 2 beds, 1 bath, kitchen, Living room and several other great unusual rooms as well. You will absolutely love this large custom-built deck and surrounding area as well. I'm unable to say enough about this property. It has so many potential uses for so many buyers. This property sits about a half mile off the main road and will remind you of a lake or Gatlinburg home. Not to mention this fabulous property is in New Albany only about 2 miles from I-64 and I-265, and very close to Floyds Knobs. Don't forget the ginormous awesome detached garage. At this price, the property is sold AS-IS. Buyer to verify any and all information or lack of information including but not limited to lot size, etc Seller is a licensed real estate broker in Kentucky.

Last Agent to Sell the Property

Kathy Jo Sanders

License #RB16001219 Listed on: 07/26/2024

Last Buyer's Agent

Adam McGuirk

Schuler Bauer Real Estate Services ERA Powered (N License #RB16000346

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 0.61 Acre Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Heating Available
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 220203100072

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Improvements: 144300
  • Additional Assessor Parcel Numbers: `
  • Annual Tax: 184800
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 40500
  • Legal Description: Ne 1/4 312-6;.6144ac
  • Numof Fireplaces: 1
  • Parcel Number: 220203100072
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 184800
  • Total Finished Square Footage: 1300
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1300.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Lot Sq Ft: 26571.60
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1300
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck, Enclosed Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Electric
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.6100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 16, 2024
Sold by
For Sale Real Estate Llc
Bought by
Business Innovations Llc
Seller's Agent
Kathy Jo Sanders
Buyer's Agent
Adam McGuirk
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$134,799
Sold Price
$117,971
Premium/Discount to List
-$16,828
-12.48%
Total Days on Market
15
Views
104
Current Estimated Value
$185,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,001
Avg. Annual Appreciation
65.91%
Original Mortgage
$94,377
Outstanding Balance
$93,044
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$82,051

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 2, 2024
Sold by
Kulwicki Steven James
Bought by
For Sale Real Estate Llc
Seller's Agent
Kathy Jo Sanders
Buyer's Agent
Adam McGuirk
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$134,799
Sold Price
$117,971
Premium/Discount to List
-$16,828
-12.48%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,377
Outstanding Balance
$93,044
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$82,051

Purchase Details

Closed on
Jul 10, 2006
Sold by
Kulwicki Bruce E and Kulwicki Mary S
Bought by
Kulwicki Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Business Innovations Llc $117,971 None Listed On Document
For Sale Real Estate Llc $60,000 None Listed On Document
Kulwicki Steven L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Business Innovations Llc $94,377
Previous Owner Kulwicki Steven J $26,300
Previous Owner Kulwicki Steven L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $117,971 -5.6% $91 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $124,999 -7.3% $96 / Sq Ft
07/29/2024 07/29/24 Price Changed $134,798 0.0% $104 / Sq Ft
07/26/2024 07/26/24 For Sale $134,799 -- $104 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,263 $184,800 $40,500 $144,300
2023 $1,263 $171,800 $40,500 $131,300
2022 $1,223 $160,300 $40,500 $119,800
2021 $1,072 $145,900 $40,500 $105,400
2020 $995 $137,300 $40,500 $96,800
2019 $964 $137,500 $40,500 $97,000
2018 $787 $122,100 $40,500 $81,600
2017 $914 $126,300 $40,500 $85,800
2016 $837 $125,500 $40,500 $85,000
2014 $1,031 $120,200 $40,800 $79,400
2013 -- $113,800 $40,800 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202409627

Southern Indiana REALTORS® Association

APN: 22-02-03-100-072.000-002